Can someone do a Technical Analysis on DGB.
If you give me a good summary and post it here ill send you 0.005 BTC, just post your address with your summary.
Can someone do a Technical Analysis on DGB
John Garcia
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Cooper Parker
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Digibyte (DGB)
Digibyte is a decentralized global blockchain with a focus on cyber security, payments & secure communications. It launched in January 2014 as a fork of Bitcoin.
Category: Currency, Payment network
Date of fork: 2014.01.10
All time low: 0.000020 USD
All time high: 0.065155 USD
Pros:
-Has been around for a while, it has the longest public blockchain in existence
-Supportive, united community
-Segwit-ready
-Corporate partnerships (Microsoft, Citibank)
Cons:
-Coin offers nothing unique compared to much more promoted and known coins
Similar projects:
-Bitcoin
Luke Gomez
retard
Isaac Torres
Price in sats please
Owen Garcia
Going to give this about 2 hours ( or until the thread dies) for everyone to get their analysis' in, then Ill reward the most detailed.
Not really a TA, but ill keep you in mind.
>Corporate partnerships (Microsoft, Citibank)
Can you elaborate more on this?
Mason Mitchell
its a fomo buy if you wanted cheap xrp
Landon Brooks
I don't think DGB is a bitcoin fork.
Jackson Cook
lmao i just copied this from some website i know nothing about dgb
Jose Lewis
As you can see, DGB is showing a promising and stable upwards trend. My prediction is that we will dip to between the 0.5 and 0.618 (which is very typical of algorithmic trading) before hitting somewhere in the green above 0.236. If you are looking to buy I would wait until you're in the red.
Charts aside, I think DGB has potential albeit as a longer hold. Short term, I don't think it will be a big earner, it's good tech but it's simply a no-frills fast transaction coin with not a lot of hype or marketing. I say this as a DGB holder myself. If you are looking for quick profits I think you would be wiser to seek greener pastures. If you have a stack, I'd give it another 2 weeks and see if my prediction is correct, it's a very common trend as its one used by algorithmic traders and bots.
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Tyler Sanchez
Whoops wrong pic